FIRST Graphite is working with the University of Adelaide on a range of graphene-based fire retardant products and so far results have been progressing well.
First Graphite believes the fire retardant technologies could bring it strong earnings potential while also generating strong demand for its graphene production.
Continuing test work is proving the products to be superior to existing fire retardants in the areas of self-extinguishing ability, suppression of toxic and flammable volatiles, providing an oxygen barrier effect and retention of mechanical strength of structure.
In the US alone the estimated economic loss from fire is estimated at US$600 ($A752) billion. In Australia the economic loss is estimated at $15 billion.
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Source: Australia’s Mining Monthly